The new MoU follows the successful completion of the two parties' first partnership and will lead to a new journey towards developing next-generation tires to be equipped with Hyundai’s clean, smart and sustainable mobility solutions.
The agreement is a follow-up to the
first five-year partnership signed in November 2017 to jointly develop
an exclusive tire for the Ioniq 5 and carry out experiments and analysis
methods related to tires as well as technology exchange. Over the next
three years, Hyundai and Michelin will jointly develop the following
innovations: eco-friendly tires with increased use of eco-friendly
materials; tires optimized for next-generation EVs and a real-time tire
monitoring system which will help advance autonomous driving technology.
Next-generation
tires resulting from the collaboration will find their way onto future
premium EV models of Hyundai. This new tire technology is critical to
meet the durability requirements of tires, as well as driving
performance and electric efficiency under high load as the driving range
of EVs continues to increase.
Hyundai and Michelin also plan to
conduct joint research to analyze tire wear, tire load and road friction
beyond the current standards of tire temperature and air pressure. The
new tires are also expected to significantly improve drivers’ ride
comfort by reducing vibration and noise generated by EVs at high speeds.
They
will also explore ways to increase the use of eco-friendly materials in
tires to about 50 percent of the total tire weight from 20 percent
currently.